iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Unusually-High Trading Volume – Here’s Why

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares saw an uptick in trading volume on Tuesday . 521,598 shares were traded during trading, an increase of 157% from the previous session’s volume of 203,053 shares.The stock last traded at $83.52 and had previously closed at $83.82.

iShares Russell Top 200 Value ETF Stock Performance

The company has a market cap of $2.41 billion, a price-to-earnings ratio of 19.01 and a beta of 0.63. The firm’s 50 day simple moving average is $81.25 and its 200-day simple moving average is $77.95.

Institutional Trading of iShares Russell Top 200 Value ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IWX. Signaturefd LLC acquired a new stake in shares of iShares Russell Top 200 Value ETF during the 2nd quarter worth approximately $27,000. Concourse Financial Group Securities Inc. grew its holdings in shares of iShares Russell Top 200 Value ETF by 56.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 433 shares of the company’s stock worth $35,000 after purchasing an additional 156 shares during the period. Triad Wealth Partners LLC acquired a new stake in shares of iShares Russell Top 200 Value ETF during the 2nd quarter worth about $37,000. International Assets Investment Management LLC purchased a new stake in iShares Russell Top 200 Value ETF in the 2nd quarter valued at about $50,000. Finally, Spectrum Wealth Counsel LLC acquired a new position in iShares Russell Top 200 Value ETF in the second quarter valued at about $63,000.

iShares Russell Top 200 Value ETF Company Profile

iShares Russell Top 200 Value ETF(the Fund), formerly iShares Russell Top 200 Value Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Value Index (the Value Index). The Value Index is a style factor weighted index that measures the performance of the largest-capitalization value sector of the United States equity market.